About Qianyu Islands
Qianyu Islands is a company based in Haidian (China) founded in 2017 was acquired by OYO in March 2019.. Qianyu Islands has raised $2.98 million across 4 funding rounds from investors including Didi, OYO and Kunzhong Capital. Qianyu Islands operates in a competitive market with competitors including Booking.com, Super, Treebo, OYO and HotelTonight, among others.
- Headquarter Haidian, China
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
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Funding Insights of Qianyu Islands
Qianyu Islands has successfully raised a total of $2.98M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.48 million completed in February 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.5M
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First Round
First Round
(01 Aug 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Series A - Qianyu Islands | Valuation | Kunzhong Capital |
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| Jul, 2018 | Amount | Series A - Qianyu Islands | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Qianyu Islands | Valuation | Gaorong Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Qianyu Islands
Qianyu Islands has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Didi, OYO and Kunzhong Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early & growth stage centric tech-focused VC firm investing in China and the US
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Early and growth-stage TMT startups are funded in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Qianyu Islands
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qianyu Islands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qianyu Islands Comparisons
Competitors of Qianyu Islands
Qianyu Islands operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Booking.com, Super, Treebo, OYO and HotelTonight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based platform for booking multiple categories of accommodations
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| domain | founded_year | HQ Location |
Online platform for discovering and booking hotel accommodations at discounted prices
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| domain | founded_year | HQ Location |
Standardized budget hotels are operated through an online chain.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations is operated.
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| domain | founded_year | HQ Location |
Last-minute hotel rooms are booked via a mobile app marketplace.
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| domain | founded_year | HQ Location |
Hotel rooms are booked via an app-based franchising platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Qianyu Islands
When was Qianyu Islands founded?
Qianyu Islands was founded in 2017.
Where is Qianyu Islands located?
Qianyu Islands is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Is Qianyu Islands a funded company?
Qianyu Islands is a funded company, having raised a total of $2.98M across 4 funding rounds to date.
What does Qianyu Islands do?
Qianyu Islands is an asset-light hotel aggregator, operating via its online platform. The company partners with small-and-medium hotels, renovatesmanages the interiorsservices to offer standardized experiences, and lists them on its platform. Users can further search, compare and book hotel rooms via the online platformapp. In April 2019, the company was acquired by the Chinese arm of Oyo and continues to operate independently.
Who are the top competitors of Qianyu Islands?
Qianyu Islands's top competitors include Super, OYO and Booking.com.
Who are Qianyu Islands's investors?
Qianyu Islands has 9 investors. Key investors include Didi, OYO, Kunzhong Capital, Vision Plus Capital, and Gaorong Capital.